Crocs: An Undervalued Gem In The Sea Of Expensive Ones
McKinsey's State of Fashion 2024 According to McKinsey's State of Fashion 2024, the market places a higher valuation on companies that show strong revenue or margin growth. Furthermore, investors are cautious about the 'Fashion Risk' embedded in certain brands, particularly non-luxury ones. These brands are typically sensitive to shifts in fashion trends and must consistently get it right to react to trends and remain relevant. Brands such as Nike or luxury brands such as Louis Vuitton and Hermes don't have ...